SAA business rescue needs another delay due to Covid-19

The SAA business rescue practitioners, who were expected to table their rescue plan at the end of March, have asked for another extension due to Covid-19.

This is the third time the practitioners, Les Matuson and Siviwe Dongwana, have requested an extension. In February they were granted an extension of one month by creditors to finalise the plan for the ailing state-owned airline.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

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